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Infrastructure cooperation between China and Ethiopia, like the Addis Ababa-Djibouti Railway and the new airport terminal, has witnessed phenomenal growth under the framework of the Belt and Road Initiative (BRI), which aims to propel global connectivity and achieve shared growth among the countries involved.

Industrial and Commercial Bank of China, the world's largest bank by assets, and South Africa's Standard Bank, the continent's largest bank, marked their 10 years of strategic partnership on Monday, just two days before the BRICS summit in Johannesburg.

Industry insiders said these policies are undoubtedly strong impetus to China's auto industry, helping stabilize the auto consumption market and support stable and healthy development of this sector.

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In the year 2016, China's application for patents surged by more than 40 percent, and the numbers of patent applications by Chinese tech companies Huawei and ZTE ranked the largest globally, she said.

Infrastructure construction has gathered pace across China as the government ramped up funding to spur investment in the sector following basic containment of the epidemic.

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Industrial companies, with net profits surging 21.3 percent, contributed 67.4 percent of the total net profit growth of the central SOEs.

Indonesia's meteorology agency (BMKG) said the rough weather could make the volcano's crater more fragile.

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In the video game area, Microsoft’s Xbox console was tucked away in a corner, overshadowed by Japanese gaming giants Sony and Nintendo, which heavily advertised its popular Nintendo Switch.

Information technology equipment makers were among those suffering heavy losses as GRG Banking Equipment shed 8.17 percent to 5.62 yuan.